KING, WILLIAM

Operated by MARTIN PETROLEUM CORP. (P-5 530880) in the GRAFORD (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 71058District 7BField 36258250CondensateGasSaveExport
Value, all time
$115 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 52 leases and 53 wells, and the rule below applies to all of them.

Discovered
1961-11-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: REQUIREMENTS ON FORM G-2

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition940 bbl$22,840
GasProduction124,316 Mcf$91,825
Total$114,666

93,355 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9901, -98.1910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99007, -98.19104 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,650 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,650 ft.

Completions filed
Apr 1977
1 of 1 wells

1 well

42-3633097824,650 ftApr 1977

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011103095.723.31$9,859
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200605460.598.93$482
Dec 200504754.9413.42$631
Nov 200502754.6910.59$286
Oct 200502358.3413.80$317
Sep 200506461.4512.08$773
Aug 200505861.519.80$568
Jul 200508355.697.84$651
Jun 200501552.337.38$111
May 20050745.226.65$47
Apr 20050249.207.36$15
Mar 20050050.377.15$0
Feb 20050345.226.31$19
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200401745.286.33$108
Oct 200408349.706.52$541
Sep 200401843.245.28$95
Aug 200401142.375.55$61
Jul 2004011638.286.08$706
Jun 200408236.106.43$528
May 200408237.486.49$533
Apr 200408134.475.86$475
Mar 200409934.365.53$547
Feb 200406832.455.51$375
Jan 200408632.036.30$542
Dec 200308530.266.30$536
Nov 200307328.804.60$335
Oct 2003011928.174.76$566
Sep 2003011826.314.75$560
Aug 2003010329.765.13$528
Jul 2003012429.415.17$641
Jun 2003012828.565.98$766
May 200308626.595.97$514
Apr 200304326.675.41$233
Mar 200306131.146.10$372
Feb 200302733.487.93$214
Jan 200307830.315.58$435
Dec 200209926.914.85$481
Nov 200208424.664.14$348
Oct 200207226.464.23$305
Sep 200209427.443.64$342
Aug 2002010025.963.16$316
Jul 2002017924.583.06$548
Jun 2002011423.733.34$381
May 2002014824.663.58$530
Apr 2002014623.653.51$513
Mar 2002015822.003.10$490
Feb 2002012818.222.38$304
Jan 200207317.172.38$173
Dec 2001012216.932.36$288
Nov 200103418.072.41$82
Oct 2001021419.782.53$541
Sep 2001017524.262.25$394
Aug 2001024924.873.05$760
Jul 2001029823.933.20$953
Jun 2001029124.563.82$1,113
May 2001010325.524.31$444
Apr 20010024.685.34$0
Mar 200107724.545.38$414
Feb 2001011727.755.77$675
Jan 2001016527.478.40$1,386
Dec 2000017526.889.12$1,596
Nov 2000016132.215.66$911
Oct 2000016931.235.15$870
Sep 200006631.875.19$342
Aug 2000030729.644.54$1,394
Jul 2000031628.534.09$1,292
Jun 2000038429.304.40$1,689
May 2000032827.263.68$1,207
Apr 2000027524.513.12$857
Mar 2000038228.422.86$1,092
Feb 2000036427.622.73$992
Jan 2000034925.272.48$866
Dec 1999033624.282.42$814
Nov 1999043623.192.43$1,061
Oct 1999048920.982.80$1,371
Sep 1999047321.752.62$1,239
Aug 1999042919.262.88$1,234
Jul 1999042217.892.37$1,001
Jun 1999049715.942.36$1,174
May 1999038615.792.32$896
Apr 1999020615.102.21$455
Mar 1999030112.471.84$553
Feb 199902819.981.82$511
Jan 1999043010.381.90$817
Dec 199804699.201.77$832
Nov 1998057710.892.19$1,261
Oct 1998058712.421.97$1,156
Sep 1998072112.592.08$1,502
Aug 1998076511.301.91$1,459
Jul 1998064511.742.24$1,443
Jun 1998064211.242.24$1,436
May 199813775412.622.21$3,393
Apr 1998074613.042.51$1,869
Mar 1998060812.802.31$1,404
Feb 1998065113.952.30$1,497
Jan 1998069014.702.15$1,487
Dec 1997065416.322.41$1,577
Nov 1997073418.193.09$2,267
Oct 1997086719.253.15$2,731
Sep 1997089217.742.95$2,636
Aug 1997075617.862.55$1,931
Jul 199701,00617.582.25$2,260
Jun 1997082717.242.26$1,867
May 1997083518.972.31$1,928
Apr 19971651,00817.882.08$5,050
Mar 1997071918.951.94$1,394
Feb 1997080720.492.21$1,780
Jan 1997062823.483.54$2,223
Dec 1996088623.32$0
Nov 1996098521.97$0
Oct 199601,00923.31$0
Sep 199601,07322.22$0
Aug 199601,12420.26$0
Jul 199601,22319.55$0
Jun 199601,19618.73$0
May 199601,20819.43$0
Apr 199601,26221.51$0
Mar 199601,21319.38$0
Feb 19961751,11316.98$2,972
Jan 199601,17217.07$0
Dec 199501,23417.19$0
Nov 199501,35416.00$0
Oct 199501,55015.43$0
Sep 199501,54416.18$0
Aug 199501,45415.92$0
Jul 199501,52215.24$0
Jun 199501,59716.41$0
May 199501,62617.56$0
Apr 199501,58717.73$0
Mar 199501,66916.44$0
Feb 199501,50216.58$0
Jan 199501,32915.92$0
Dec 199401,85015.03$0
Nov 199401,89815.90$0
Oct 199402,08915.58$0
Sep 199402,11715.29$0
Aug 199402,03716.13$0
Jul 199402,33917.56$0
Jun 199402,30917.09$0
May 199402,49415.88$0
Apr 199402,49114.14$0
Mar 199402,69412.46$0
Feb 199402,26312.50$0
Jan 19941792,16612.66$2,266
Dec 199302,90012.33$0
Nov 199302,85414.49$0
Oct 199302,24015.85$0
Sep 199302,37315.03$0
Aug 199302,53415.66$0
Jul 199302,89015.46$0
Jun 199302,98116.79$0
May 199303,25517.68$0
Apr 199303,26318.05$0
Mar 199303,16118.14$0
Feb 199303,14517.90$0
Jan 19931813,58016.93$3,064

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2011 — as filed, then multipliedworked
Condensate           103 bbl  × $ 95.72 =     $9,859
Gas                    0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $9,859

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/G/71058 is the state's own key, not one this site invented.